Beware of Rigged Markets (Update 2)

Beware of Rigged Markets (Update 2)

6 Years ago | January 18, 2014 00:00:00

By John M. Bland

We have been concerned about inappropiate activity in the interbank forex market and this is just another instance of illegal behavior. As a practical matter, the various daily rate fixings should have no impact on the retail forex or precious metals trader, as al they do its set refernce rates for certain types of commercial transactions, but these developments are something all of us should be aware of.

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